According to Odaily, the market value to realized value (MVRV) ratio of Ethereum has dropped to 0.87, marking its lowest point since December 2022. The MVRV is a crucial indicator for assessing market sentiment in the cryptocurrency sector. The current figure suggests that Ethereum (ETH) may be in a relatively undervalued range.
Ethereum's Market Value to Realized Value Ratio Hits Lowest Since 2022
--・
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
1,830.49
+0.26%
Related News
